Brazil candidate Zema vows Petrobras, Banco do Brasil privatization if elected

Brazilian presidential candidate Romeu Zema stated that, if elected, he would privatize Petrobras and Banco do Brasil in the first semester of his term. This marks a significant policy commitment that could reshape state control over key national assets, though execution faces legislative and political hurdles. The announcement signals a potential shift in Brazil's economic policy direction, with implications for energy and financial sectors.